IDFCBANK - Reviving Long

Description

⋅ Nov 29, 2017 4:50 AM

It has been observed that the price action trading in a range for a while and now it has again reached to the bottom of range where a revival is expected. Once closes above 56 levels then it shall further rally up.

T1- 58
T2-60
SL-54

Trade active

⋅ Nov 29, 2017 4:50 AM

Comment

⋅ Nov 29, 2017 4:56 AM

Momentum begins

Trade active

⋅ Nov 30, 2017 5:45 AM

Trade active

⋅ Dec 11, 2017 3:52 AM

IDFCBANK adding volumes at support zone, shall move further up.

Comments

nvn.mishra1

⋅ Nov 30, 2017 9:44 AM

Hi can this level is good for entry

NeeteshJain

⋅ Dec 1, 2017 3:50 AM

@nvn.mishra1, Yes

adithyareddy.g

⋅ Nov 30, 2017 5:06 PM

Today it is a shakey day, people shorted every other stock they wished. But wondering if the current level is good to enter. please suggest

NeeteshJain

⋅ Dec 1, 2017 3:50 AM

@adithyareddy.g, Yes, it is still at good risk to reward.

siddmuk2005

⋅ Nov 29, 2017 4:57 AM

I am waiting for bull momentum like you

NeeteshJain

⋅ Dec 1, 2017 3:49 AM

@siddmuk2005, Yes, it will show up soon. Thanks

siddmuk2005

⋅ Dec 1, 2017 4:18 AM

@NeeteshJain, not very soon. need another 10 session to cross 64 in Dec

p.b.pradeep

⋅ Dec 18, 2017 10:37 AM

Looks like support is becoming resistance, will it be better, if we exit tomorrow, in case if it does'nt close above 53.3?

76764554

⋅ Dec 13, 2017 4:49 AM

@NeeteshJain Sir it is hovering around 53. Stop hit or will it be revised?

NeeteshJain

⋅ Dec 13, 2017 4:57 AM

@76764554, Yes, it is hovering near 53-52.50 support. Today, if it closes below the support then it shall turn down and reach 45-46 levels to downside. We shall need to wait patiently for sometime more to confirm the closing price of the trade in order to see actual status of the same. Thanks